Parabolic means price rises (or falls) very steeply - with a very steep slope.

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scalped 40 pips on Gold....a quick in and out job as the move up was parabolic. Happy enough to take 40.

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RR on EJ working out fine so far......but train left without me!! Feeling a bit frustrated as I took a loss on the short trade. Like Tom says it all comes down to experience and expectations, which equal confidence. Another good learning experience.

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Stopped out on EJ trade but still positive for the week.... Anyone looking to play this on a RR?

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Had this one marked up for weeks now.......still a bit to go to get back but patience is the name of the game and thats how we are rewarded!

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yes, bidc, nice one - took that and EU so a good day so far.......

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If you look further back there was previous support so well spotted, it is a good level. However as you say its one of the crosses so maybe one to stand back and learn from? lets see what happens.

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CABLE — Hi Guys Played the gaps on EU and EURGBP - week off to a good start!! Watching 1.5495 level on Cable...resistance....resistance......support? ps - enjoyed webinar last night Tom - all good stuff. Makes |Sunday nights enjoyable!!! Kal

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EJ — Hi guys Anyone watching this one on EJ........getting close.

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Hi Kpt After the break what level did you place your order at? Kal

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Hi guys Just wanted to ask if people have a general rule for a minimum number of bars when doing a RR of a level? eg 6/7 bars or is that 'too quick'? Took the RR on the Dax today - which came back to the level after 6 bars. Quite a deep retrace and ...

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Hi guys got this one marked up myself .........watching and waiting. As it is one of the crosses not sure if its as reliable as the majors etc but definitely seems to be a good level. Maybe best way is to demo this one? Kal

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GB USD — Hi all Closed GU trade for +100 at 5380 - previous swing low. More than happy with +100 in 2 hours. Will be watching closely and may look to get back in on a retracement.

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Tom would you target the previous swing low as initial target - thats what I am aiming at? Kal

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Took the brute force entry....currently +55........lets see what happens....targetting previous swing low at 5375

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Hi Tom Great stuff - abs love the analogies!!! Been watching this one closely but I think I will go for the brute force attack! If that fails then will look at the SFP-what a great pattern, seeing them all over the place! Now have to nail down ...

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Missed that one by a few pips but encourged with how these trades at levels do work well!!! Anyone looking at this level on GBNZ? Price right on ppz just now so good location to look for PA here.

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96, Thanks for that reply man and those were 2 awseome trades, well done! ?I have spotted a few sfp setups this week but not pulled the trigger yet as its a completely new style to me but will try out on higher tfs first. cheers, Kal

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SFP — Hi guys Just wanted to ask if anyone has a rule regarding the minimum number of bars that should be printed before we take a SFP setup? EG 6 bars or 8 bars etc? Have seen some people saying 2 or 3 bars but surely this would not allow for ...

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Nice trade mate, up 120 or so pips at moment....... . Just one question, did you consider getting in earlier when price returned to previous S|D zone at 1.3056 yesterday?

james16 Chart Thread